According to the tables used by insurance companies, a 48-year old man has a 0.169% chance of passing away during the coming year. An insurance company charges $217 for a life insurance policy
that pays a $100,000 death benefit.
What is the expected value for the person buying the insurance?

The expected value for the person buying the insurance is of -$48.

Step-by-step explanation:

Expected value:

0.169% = 0.00169 probability of earning the death benefit of $100,000, subtracting 217, 100000 - 217 = $99,783.

100 - 0.169 = 99.831% = 0.99831 probability of losing $217.

What is the expected value for the person buying the insurance?

The expected value for the person buying the insurance is of -$48.

question 1 is 8, question 2 is 9, question 3 is 24

step-by-step explanation:

now, the numbers they give you at the top are the key. from there, you just have to plug and chug! let's try 1, 2, and 3!

key: a=3, b=5, c=6

1. a+5

remember, a=3, so we plug that in to get 3+5=8

2. 15-c

c=6, so we plug that in to get 15-6=9

3. 4b

b=6, so we plug it in to get 4*6=24

time to try the rest on your own! if you put the answers below in a comment, i'll check them for you!

1/2*qr*rs

step-by-step explanation: